YEARLY HIGH
0.2758 GEL
YEARLY LOW
0.2303 GEL
YEARLY AVERAGE
0.2476 GEL

2017 VEF to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.2758. Conversely, the yearly low was recorded on August 22, dropping to 0.2303.

This high-to-low spread represents a total annual volatility of 0.0455 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2701 to the December average rate of 0.2549, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2758 was down 30.22% compared to the 2016 peak of 0.3952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 VEF based on timing:

Yearly Peak High 1,379 GEL
2016 Average 1,360 GEL
Yearly Trough Low 1,151 GEL
Transaction Impact: A difference of 227.60 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2735
0.2329
JanuMarcMayJulySeptNove

VEF to GEL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2503, compared to 0.2449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.2503
H2 Avg (Jul–Dec) 0.2449

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0381 GEL (High: 0.2707 / Low: 0.2326). On the other end, June was the most stable month, with a tight range of 0.0057 GEL (High: 0.2429 / Low: 0.2372).

November Spread (Volatile) ±0.0381
June Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0168 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.2701) against the same month in 2016 (average: 0.3855), the exchange rate shifted by -0.1154 (-29.94%).

2017 Avg (January) 0.2701
2016 Avg (January) 0.3855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2758 0.2656 0.2701
February 0.2698 0.2559 0.2637
March 0.2497 0.2436 0.2469
April 0.2462 0.2344 0.2400
May 0.2444 0.2366 0.2408
June 0.2429 0.2372 0.2403
July 0.2411 0.2351 0.2375
August 0.2413 0.2303 0.2363
September 0.2482 0.2407 0.2449
October 0.2525 0.2403 0.2462
November 0.2707 0.2326 0.2498
December 0.2714 0.2405 0.2549